Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Monday, May 25, 2020  Spokane, Washington  Est. May 19, 1883
Partly Cloudy Day 61° Partly Cloudy
News >  Nation/World

Jp Foodservice To Buy Rykoff-Sexton

By From Staff Reports

JP Foodservice Inc. said it will buy Rykoff-Sexton Inc. for about $1.4 billion in stock and debt, creating the second-largest food wholesaler in the U.S.

JP Foodservice, which is acquiring a company twice its size in sales, said it will have annual revenue of about $5.2 billion after the purchase, with more than 130,000 restaurants, hotels and institutional buyers as customers.

The purchase will extend JP Foodservice’s reach into the western U.S. and into manufacturing.

Subscribe to the Coronavirus newsletter

Get the day’s latest Coronavirus news delivered to your inbox by subscribing to our newsletter.

Asking the right questions of your CBD company

Bluegrass Hemp Oil in Spokane Valley offers a variety of products that can be very effective for helping with some health conditions. (Courtesy BHO)

If you are like most CBD (cannabidiol) curious consumers, you’ve heard CBD can help with many ailments.